Ask Suze Anything: October 29, 2020
In this “Short & Sweet” edition of Ask Suze Anything, Suze answers questions from Women & Money listeners selected and read by KT. We hear from Susan, Erika, Erica, Alicia, Christina, Rosie, Tess, Jen, Anonymous, Julie, and Roth Confused. They ask: Should I invest money I received as a gift or put It into a high interest savings account? I co-signed a former friend’s car loan. That person defaulted and had the car repossessed. My credit is now negatively affected, what can I do? As a single mom, should I authorize my three-year-old daughter on my credit cards to help her build good credit? Can I still collect my deceased ex-husband’s social security? I opened a UMGA / UTMA account for my 17-year-old son. Was this the right account to open? How can I avoid paying capital gains tax on a home I own and rent out? Can you recommend a good ID theft insurance company? I am looking for some more clarity on how I should contribute to a Roth IRA. Should I continue to give to charity while I am paying down my credit cards? Why do you recommend waiting four to five months before funding a back-door Roth IRA? Can you explain what the five-year Roth rule is? To Become A Must Have Documents Suze Ambassador, CLICK HERE. JUST LAUNCHED! Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download by following one of these links: CLICK HERE FOR APPLE CLICK HERE FOR GOOGLE PLAYSee omnystudio.com/listener for privacy information.